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Pros: Works, and is cheap.
Cons: Doesn't come with a SFF adapter. This is $6.99 extra.READ FULL REVIEW
Pros: Great picture, clear QAM over comcast cable with Vista Ultimate MCE and TVPack 2008.
Analog and ATSC very easy to set up with MCE.
Cons: Took days of trial and error to get the clear QAM over the cable to work. Almost sent it back a few times but eventually got it working.
Don't bother with the included software if you have MCE.
Other Thoughts: Hauppauge has a reputation for putting out great hardware with beta drivers and poor software. But I keep buying them because eventually the drivers catch up with the hardware and there is great 3rd party software out there like GBPVR and MCE.
Not sure whether it was the beta QAM plugin drivers from Hauppauge or the MS TV Pack or both that finally allowed me to get the clear QAM over cable to work but after multiple reboots and installs and uninstalls, the option to select Digital QAM finally showed up in MCE TV Setup. Now it works perfectly with 13+ QAM SD and HD channels.
I also own the Hauppauge PVR-150 and the Media MVP